Juma Ventures Inc

Nonprofit profile at a glance

EIN
943203203
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
San Francisco, CA, USA
Phone
4153710727
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Employment Procurement Assistance

Official website

Reported finances

Revenue
$13,071,605
Expenses
$7,497,244
Assets
$8,273,628
Liabilities
$1,438,753

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • ADRIANE ARMSTRONG (CEO)

Highest reported compensation

  • ADRIANE ARMSTRONG (CEO): $227,764 total reported compensation
  • ABDIEL CERRUD (CHIEF DEVELOPMENT OFFICER): $215,452 total reported compensation
  • MASON MOOREHEAD (CHIEF IMPACT OFFICER): $183,809 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Juma is a nonprofit, youth development organization that empowers low-income youth to make successful transitions to independence in adulthood. Juma owns and operates social enterprise concessions businesses at major sports and entertainment venues to provide meaningful employment and workforce development training opportunities to youth from low-income backgrounds. Through innovative programs that integrate employment in social enterprises with college preparation, career services, financial capability training, asset-building services and leadership development, juma ensures that young people have the tools to break the cycle of poverty.

What it reported doing in 2024

Workforce resources: learn: alongside the job, youth are supported by a program coordinator, focused on helping them overcome personal barriers to successful permanent employment and mastery of crucial skills like communication, professionalism, personal accountability, teamwork, problem-solving and leadership skills, all in a growth-minded framework. Youth participate in a series of job search skills workshops such as resume writing and mock interviews and go on career tours that expose them to a broad range of career pathways such as advance manufacturing, healthcare and aviation. With the support of their personal coordinator, youth identify and attain strengths-based short-term and long-term personal, financial, education and career goals in an individual development plan (idp). Connect: the connect (or launch) component of our youth connect program is grounded in the notion that young people must achieve stability before they can successfully pursue mobility. By working in the enterprise, they are taking the first steps towards an eventual connection by developing foundational employment skills, gaining work experience, and beginning to create a professional network. Employment also promotes the stability necessary by easing financial concerns. Youth connect to career and educational pathways once they complete the juma program. Upon completion, youth become eligible for alumni services aimed at helping them achieve success in their post-juma job or education connection, and beyond.

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 89% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 83
  • Accountability: 100
  • Sustainability: 63
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 39.9%; rating input score 40
  • Program expense ratio: 66.7%; rating input score 67
  • Fundraising efficiency: $8.07 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 40th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 42.6%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 1.1; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 14.4%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -1.3% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: 4.6% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: 1.2% per year; rating input score 100; 14th percentile among comparable filings

Details

  • Where the money goes: 39.9% of revenue deployed · 66.7% of spending went to programs
  • Governance: 16 of 16 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $5M in reported program spending
  • Leadership: top reported pay $228K · 23 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 38 of 38 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 32/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.